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Supplemental Balance Sheet Information (Tables)
12 Months Ended
Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]  
Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Prepaid research and development expenses

 

$

4,509

 

 

$

4,496

 

Tax incentive refund, net of reserve

 

 

269

 

 

 

2,697

 

Prepaid insurance

 

 

999

 

 

 

112

 

Prepaid compensation benefits

 

 

327

 

 

 

575

 

Other current assets

 

 

1,008

 

 

 

1,698

 

Prepaid expenses and other current assets

 

$

7,112

 

 

$

9,578

 

Summary of Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Laboratory and office equipment

 

$

5,967

 

 

$

6,162

 

Leasehold improvements

 

 

629

 

 

 

1,635

 

Computer equipment

 

 

102

 

 

 

149

 

 

 

 

6,698

 

 

 

7,946

 

Less: Accumulated depreciation and amortization

 

 

(3,804

)

 

 

(3,820

)

 Property and equipment, net

 

$

2,894

 

 

$

4,126

 

Summary of Restricted Cash

As of December 31, 2022 and 2021, the Company had restricted cash as presented in the table below, which consists of cash used to secure letters of credit for the benefit of the landlord in connection with the Company’s lease agreements. The cash will be restricted until the termination or modification of the lease arrangement.

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Restricted cash

 

$

283

 

 

$

 

Restricted cash, net of current portion

 

 

 

 

 

492

 

Summary of Accrued Expenses

Accrued expenses consisted of the following:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Research and development expenses

 

$

6,122

 

 

$

8,882

 

Compensation and benefit costs

 

 

4,175

 

 

 

5,579

 

Consulting and professional fees

 

 

1,224

 

 

 

999

 

Other liabilities

 

 

211

 

 

 

178

 

 

 

$

11,732

 

 

$

15,638